Multiple Choice
You want to buy a new sports car 3 years from now, and you plan to save $4,200 per year, BEGINNING IMMEDIATELY. You will make three deposits in an account that pays 5.2% interest. Under these assumptions, how much will you have 3 years from today?
A) $13,956.42
B) $14,654.24
C) $15,386.95
D) $16,156.30
Correct Answer:
Verified
Correct Answer:
Verified
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